��15��47�
<br /> I�E�� �� �F����
<br /> L�a� IV�: �7������ ���ntinu�d} P��� 7
<br /> ���d o�F Tru�t��� f���r������t��!!��L��d�r�n th��t�t$€�f l��[�r��I��.
<br /> �F�oi�� o� ��nu�, ]f-th�r� i� a l�v�rsui�r Tr�st�r a�r��� up�n L�n��r'� r����st t� �ubmit �� tl�� 1�ri��i�t��r� �f �h�
<br /> ��urk5 of�f�El ���r�ty, �t����f�l��ras[��.
<br /> .lairrt �r�d ��v�r�C ��a�ili�t�r. AI I ��I i�a�i�n� ��F Trust�r u�td�r thi� ����[ �# Tr��� s hal I �a� j�ir�# ancl ��v�ra I, an� aI�
<br /> r�f�r�n��s �� Trus��r sl��!I ���r� �a��l� �rid �rr�ry Trust�r. Thi� r���r�� �F��t ��cl� �ru���r si�r��r�� �el��v i�
<br /> r�s�an�ibl�f�r a[���I i�a�i�n� ir�thi� ���cl ��Tr�st.
<br /> II[�I�I�ai�►�r 1�y��n��r. ��n��r�h�[1 nQt�� d��rr���f�� ha�re u�raiv�� �ny rig ht� und�r this ���� �f Trust unless �u Gh
<br /> �nr�i��r�s �iven in v�rri�ir,g �nd �i�n�� �y ��n��r. Na ��lay�r�mi��i�n �n�h� �ar��f�L�n��r in �����i�in� any ri�ht
<br /> ����] �p�r��� �� � w�i��r�f���h ri�h� �r �ny��h�r�igh#. A w�iver �y L�r�d�r��� �r�visia r, ���I�i� a��� ��Trust
<br /> �h�[] r��t #�r�ju�i��� �r ��r�stit�t� � w�iv�r �f L�n��r'� ri�ht �th��v�ris� t� d��and stri� ��m�l ian�� v�ith tha�
<br /> pr�vi�i�n �r �r�y �tC��r �r�vE�i�n ��F tF�i� a��� �f '�rust� N� �ri�r w�iv�r ]�y L�r�d�r� r��r �r,�r c�urs� �f �i��l irr�
<br /> ��t�rv��� L�n��r �r�d Tru�t�r� �haEl ��n�tit�t� � v�����r ���n�r �-� L�r�d�r's ri��t� �r �f an���Tru���r'� �Iali���i�n�
<br /> �� �� �n�r ��#�r� �r�ns���i�ns. �ll�h�r��v�r tl�� c�r���r�t�f L�r,d�r i� r��u�r�d ur���r tF,is ���d �f Tru��� �1�� �r�r�ti��
<br /> �f �u�l� ��ns�nt b� L�nd�r i n �r�y in�ta��� �ha�l n�t ��nstit�t� ��nti n�ain� ��n��nt�� s��s��r��r�� in�tan��� v�r]��r�
<br /> ���h ��n���t i� r���ir�� ��d in�f� �as���ucl� c�r,��r�t r����a�gr�r�t�d �r wE�l���lci ir�ti����1��i��r�ti�r��f L�r���r.
<br /> S��r�r��ili'!�. If � ��urt �f ��mp�t�r�t j�ri�di�tio� �Fin�s �ny pr�vi�i�r� �f this D��� ��T���t to b� ill�g��, inv�lid, �r
<br /> �[n�nf�r���f�l� a�t� �ny p�r��n �r �ir��rn���r���, th���rin�ir�g s��ll rt��k rt��l�e�kl�� �ff�r��[ir,� �r�visi�r� il[�g�i{ ir�v��i�lr
<br /> �r t�n����r����[� a� t� an�r atF��r p�rs�n �r �ir�umstan��. [f f�asi�[�r th� ��f���in� pr�vis��r� �f��][ �� ��n�iri�r��l
<br /> E-r�Q�fi�i�� s� �kl��� E# f����m�� l���l� v�li� �r�� �r��F�r���}�E�. Jf tf�� ❑ff�rt�lirr� �ra�risi�r� ��nr��t b� �� m�di�i�d, i�sh�ll
<br /> f�� �an��d�r�� d�E�t�d fr�m this ���d �f Tr�r�t. �lnl��s �th�rwis� r���ir�� i�y I�w, �h� il[���lity� in��li�i�yr �r
<br /> un�nf�rc���iCity �f ��y �r��i�i�r� a�tl�is ���d �f Tr�st sl��ll n�t aff��t t�t� [�g�lit�, validity�r �r�f�f����ility �f ��y
<br /> �th��r pr�vi�ian ��t1��� ���d��Tr�st.
<br /> �u������rs ar��i As���ns. ��������� �ny [irri i�k�ti��i� ���#��1 i r, thi� ���� �f Tru�� �r, tr�r����r ��r�r�rst�r'� ir�t�r�stf
<br /> tl�i� a�ed �f Tr�tst �}���I �� �ir�din� up�n an� Enur� t� th� Ia�n�fi� �f ti�� �arti��r �h�ir ��c��s��r� �n�f a��i�r��. l�
<br /> ��nrn�r��ip ��#h� �r�pe�y ����m�� v��t�d ir� � ��rs�r� ath�r#��n Tru�t�rr L�r,d�r� v�E�h�ut n��i�� �� Tru�t�r� m�y
<br /> d��l witl�Tru�t�rr���������rs v�rith ��f�r�n��t�tf��� E���� �f 7'r����n�I tC�� [r�i�����+�n��s �y�r�y��#�rf���r�r����r
<br /> ���nsi�n v�i�l��ut r�l�a�sir��Tru�tar fr��r,�h���[i��ti�r,s�f tl�i� ���d�f Tr�st�r�i��i[i-ty u���r�h� In���at�cln��s.
<br /> Tirn�is of t[�� F���r���. Ti m� Es�f th�����n��in th� ��r��rm an����f�h i� ���d ��Tr�st.
<br /> V�ai��,��ry. �411 ��rti���this D���1 ��Tr��t here�y w�iv�tk�� r��h�t� �r���ur��r��l tir� �n���ti�n{ �r����din�r �r
<br /> G��nter�l�irn 1�r�ra�l�t l�y�r�y��rt�r���'rn�t ar�y�th�r p�r�y.
<br /> �1l�iv�r �f H�rr�����a�l E��rn����n. Tr�s�k�r F��r��y r�I����� �r�� v�r�i�r�s a�] ri�I�t� �n� ��r,efi�s a� th�� [��m�st��€�
<br /> ���r�pti�r� [��rvs�f th��tat���f�[�bf��E�a �s���1[ [nd����d�������t�r�� ��r t�i� ���+� ��r Tr�st.
<br /> �EF�NITi I�N�. �[�� �r�[I�irtir i�� ���ita liz�� �+r�r�ls �n� t�rrrts �h�l f I��v�tf�� �r�l E��rlrin� m�ar�ir��s wF��r� �s�� i r,th is ���d ��
<br /> 'Y`r�s�. �1nl�s� �����fi��lly state� t�the ��rttran,r, alf ��-f�r�n��� t� ai��l�r am��nt� ��all m��r� �rrt�un�s in I�w�ul rri�r��y
<br /> �� th� l�ni��d �tat�� �f Arr��ri��. 1��rd� �nd t�rrrt� �s�cl i r� �tf�� sin�uE�r �h�ll �r,�l ud� the �!ur�1r �nd ��t� p��a��l �h�l[
<br /> in�lutfe tl�� �i�gul�r� �s th� ��nt��t m�y f��ui��. ��r�� an� ��rm� n�# Qt��r�ri�� ��fin��i ir� tF�Es a��� �fi Trust �h�[I
<br /> F�av�th� m�anin��attri��t���� s��h t�rrr�� irr t�,� lJr�i�F�rr�, ���r,m�r�i�l ��d�:
<br /> ��n��i�i�ry_ Th�vtir�rd "g�r,�fi�i�r�" rrt�arts ��uitabl� ��nk, and i-t���a������r�an� ���i�n�.
<br /> ��rrov�rer. �t�� �rv�r� "��r��v�r�r" ���ns ,�Al1�E� � F�ILE1� �r�� I��F�EI�I f�l F��LEY �r�� iricl���� al[ ��-si���rs �n�
<br /> ��-m�k�r��i�nin�t�� N�t� �n� ��l�1���r su����s��� ��d ��s i�r��.
<br /> D���1 �# Tru�t. T[�� v�r�r�� "a��d �f ����t'" m�an �hE� D��� �� Tr��� �m�n� T�uSt�r, L�r�d�r� ar�d Tru����r �n�i
<br /> in�l���� vxri�h�u�t li�ita�i�n �I! �s�i�nm�nt �r�cf ��curity ir�t�r�st �r�vi�i�n� r�l�ti�� ta th� ��r��n�[ Pr�p�r�y �n�
<br /> I��nt�.
<br /> ����[�. Ti���vard "���ar�It" r���n�th� ���a�I���t f��}�ir�th i� ��ed �f Tru�t i r,tf�����ti�n�itl�� "D��ar�It",
<br /> �n�rir�nm�r�ta[ L��rs. `�"h� w��ds "Er��rir�r�r�,�nt�l L�v�rsrr m�an �r��r anc� �I[ stat�r ��d�r�l �nr� Coca! �t�tut�s�
<br /> r�gula�i�r�� �r�� �rdirr�r���� r�l�ti�� �� �f�� pr�te�tiQr� �� i�urri�r� I���I�E� �r t�t� �r�vir�nm��tr in�l�a�ir�� v�r�th��r�
<br /> limi-ta-ti�n �F�� �Qrnpr�hen�iv� Er��r�r�r��er�t�l F��s�an��, ��m��n�a���n, an�i Liabi[it� AG��� 'C���r �� �rr�er�c��d, �-�
<br /> �!��.C. ���ti�n ����r �t s��, �"����LA"�� tF�� �uperifur�� Am�r�drn�rrt���n�..F��a uth���i�ati�� A�t �f ��$�f P��. L.
<br /> �I�. ��-��� {'����A"}r�i�� E����r���s �at�r�als�r�n���rt�t«r�A��f� �.�.�. ����iar, ����, �t���.�tY�� F���a�r��
<br /> �an��rv�ti�n �nd R���u�r�A�tr �� U.�.�. ���t��r� ���'i� �t���.r �r- �th�r �pp�i��k�[� �#�t� �r���l�r�l I�vrrS f rul�s f
<br /> �r r��ul��i�r�� �d��t��l �ursuant t��r�x�. Y �
<br /> E�r�r���€D�f�ult. The w�r�� "E���t�f b�f��C#" rr���r� �r����f tt�� ev�nt���f d�f�ult s�t f�rt�i�t�i� ���c���7r���in
<br /> th��v�r��s a���f�u]t s��t��r� �f th�� a��€���T�u�t.
<br /> �c�s#�r�� Ir�d�f�t��r����. The �nr�r�is "Exi�tin� lr�d��t��lrr��s" m��r� t[�� i���bt�dn��� �����ib�� in �h� E�ci�ti�t� Li�r��
<br /> p r��i�i�r��f thi� ���� �f Tru��.
<br /> ��aranty. �h�vv�rd "��r�ranty" m��n��h�g�aranty�Fra m g u�r�r�t��, �r�d�rs�rr �ur��ty� �r����m m��]��E����rty ta
<br /> L�n��r, in�l��]ing v�rithaut fimit�ti�r� ��u����ty�f�I��r part�f fih� �1���.
<br /> Ha��r�{aus ��,bs#�n��s. �i[�� vwr�r�� "I�a��r��us �u}��t�n�e�" rr��ar� r�t�t�ri�ls tE�atr b������ �f xh��r �u�r��ityr
<br /> ��n��ntr�ti�n �r phy���alr ch�mi��l �r �rtf��ti��s �h�r��t�ri�ti��r m�y ����� ❑r p��� a pr�s�nt �r ����r�ti�l ��z�rd
<br /> ta l�u�an h���ltf� �r tFt��nvir�nrrt�nt v+rF��n im�r�p�rly����, tr�����, s��r�d, di������i af, ��r�er�x��r m�n�f�c�ured�
<br /> tr�rr���rt�� �r ���n�«+r i�� han�E��. T�� v��rds "H a��r��u� ��b�t�r+��s" a r� u��� in thei r v��y �������t��t��� �r�d
<br /> i nclu�� �vith�u� li r�it�ti�t� �ny a n�! �11 h�z�r�i�us �r ta�i� �u�s#�r���s, t��t�ri�!� �r v��tst� �s �l��in�� �y ar �isted
<br /> �nd�r t�e �nvir�nm�n�a� La�s. Th�t�rrr� "Haz�r���a���t�s��n��" a��a in�lu�es, wi�h��f lirt�it�ti�r�, ��t��I��� �r��
<br /> p�tr�l�urr�!�y-�r�du�t��r�ny fr���E�n�l��r�af an�i�s��st�s.
<br /> lrr��r�v�m�nt�. Th� w�r� �1 m provem�nts" rr,��rr� �[f �xi��i r�� �n� f���rr� ir��rav�rnent�, �uil�i r,�s, �#ru�t�r���
<br /> m�bi[� hame� �f����d �r� t1�� R�a[ �'«��rtyr ���1�i�1�Sr ��fditi�n�, r��[�c�rn�r�t� ar�d ��h�r ���str��#i�n �n th� f���l
<br /> �r�p�rty.
<br /> lnd�t�tec�ness k Tf�� w�r� "I n��E�t��r���s" m��n� �1[ pri n�i RaC, int���st, �t�d �tl�er a r��unt�, ���#� ��td ��pen�e�
<br /> ��y�1�1� un��r th� N��� ar F��[�t��f ����m�r�t�r t���th�r w�-th �I[ r�nev�ral� a�r ��ct�ns i�r�� �f, rr7�dif���ti�r�� �fr
<br /> cor����id��i��s �f�r�d s�tb��it�ti�n���r�he N��� ar F€el�t��] ���um�r�t� �n�f any�rr���n�s ����n�1�€f or���ran���f �y
<br /> Len�er �� �is�h�r�� �ru�torrs ��IE��ti�r�s �r ����n��s ir���rr�� �y Yru�t�� �r L�r�d�r t� �n�ar�� �rr����r'�
<br /> a�[�g�tiar�� ���i�r �t�ri� ���� �f Tr�s�r t�get�r�r �ritE� ir���r�st �r� s��h �rr���rnt� a� pr�vi��� in t�is �e�d �� Trust.
<br /> ����ifi���lyr �ithout �i mit�ti��f [r���bt��r��ss ir��l���� aEl am�unts �h�t r�a�r l�� irtd ir��t�y �������1 b� �he
<br /> �r�ss-��[l�t�r�li��ti�n pr�vi�i��r �f thi� �eed��Tr�st�
<br /> ��n��r. Th�w��-� "�err�er" m��r�s ���it�bl� ��nk� it��u���ss�r� a�� assE�n�.
<br /> [����. The wa rd "N�t�" m��r�� tF�� �r�m i��a�-y n��e ����d ��r�u�ry ��f ��'[�, �� �h�� ar��ir��I ��i r��I���
<br /> ��l�ui�� �f $���r���.�� �r�rr� Tru�t�r t� Len��rr ����th�r wi�h al[ r�n��r�r�ls �fr ���r�si�r�� �#r m��i�i��ti�n�
<br /> �f, r���n�r��ir,�� o�r �an��[i��ti�n� �f, and �ubstit��i�r�s �r�r th� �r�rnr���ry n�#� �r ��r��ment. ��71�� '��
<br /> ��U���R: �H E I�[�TE��NTAINS A 1lr4k�l���E f[1�TEF�E5T R�YE.
<br />
|